SHIHABUDEEN PATTASSERI
P.O.BOX – 128923, Abu Dhabi, U.A.E.
Contact No. : +971 50 2647265
e-mail: jb.shihabudeen@gmail.com
JOB OBJECTIVE
Senior Finance professional, having over 10 years of experience in managing financial reporting, consolidation andfinancial analysis process of firms, known for his commitment to achieving high level of accuracy using ethical workstandards, as well as strong organizational, analytical and interpersonal skills.
SKILL SET
ü Accounting up-to finalization
ü Corporate Accounting & Bookkeeping
ü Accounts Payable Processes & Management
ü MIS Reporting & Audit support ü ERP, EDI & Financial System Technologies
ü Journal Entries & General Ledger
ü Treasury & Fixed assets management
ü VAT Preparation & Filing.
EMPLOYMENT HISTORY
Chief Accountant – Finance & Accounting since June 2017 to August 2019
Established in 1996, Al Khanezi Electromechanical Works has accumulated rich experience over the past 2 decades whilst building up operational knowledge combined with technical and commercial expertise. Based on the profound vision of its founder, AK has grown to become a major MEP Contractor in providing all major services such as electrical, mechanical, plumbing and drainage works along with in house designing, thereby enabling Major Clients, Contractors and Consultants to rely on one Company to complete the job. With well-regarded approvals from ADDC and ADCE.
Work Profile:
Accounting Reporting & Analysis Duties:
Processing and posting transactions in accounts receivables accounts payables and cash records
Handle with external and internal queries on invoices and related payments
Prepare customer or vendor payment runs
Reconcile periodic accounts receivables, accounts payable, bank statements and payroll
Provide cash receipts/payments forecasts and currency analysis information
Perform loan transaction and other general ledger postings in ERP
Manage cost/profit centre, project reporting and other ad-hoc reporting as required
Participate in month-end closure processes
Provide backup support to other groups in the accounting department and prepare periodic reports
Preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports. Assist in providing follow-up and documentation of significant variances.
Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.
Prepare final invoice package containing draft and final invoices for all billable projects
Research any unbilled issues to optimize the billing possibilities for the billing period.
Work with the cash receipts team member to reconcile variances that occur in the application of cash.
Generate and distribute bi-monthly receivables reports and monthly profitability reports.
Prepare special project analyses for the PICs, PMs and others.
Perform additional assignments, as directed by the Project Head.
Report to the Project Manager or Project Executive on the cost control of the General Conditions as well as overall project costs as they relate to budgeted amounts and their impact on project profitability.
Maintain complete project files, including trades, subs and vendors for the entire duration of the project.
Administration and control of general costs including payrolls, home office and site office costs, etc. through review and data entry of purchase orders, and check requests.
Ensure that every trade or subcontractor is in compliance with the terms and conditions of his/her contract documents.
Develop a budget for each project, track financial performance against the budget and identify and risks and issues
Maintain the project costing system/cost centres including project set-up; ensuring all processes are up to date, implement new control procedures to manage cost allocation and cost reporting as necessary.
Responsible for ensuring the completeness and accuracy of the underlying books and records (P&L, Balance Sheet, Cash Flow Statement), producing the trial balance and from this creating the various financial reports required for local management
Coordinate with project controller for the project invoicing and aging balance
Entering all the transactions (Customer and supplier Invoices, inter-Company Invoices, Payments, Receipts…) in Accounting Software and ensuring that all entries posted are aligned with the analytical organization
Ensuring proper filing and Archiving on cloud and physical files
Reconciling Cash and Bank account on monthly basis and Inter-Company accounts on Quarterly basis
Entering month-end entries as part of closing procedure
Identifies the input and output vat and file the timely manner.
Prepare payments (Cash & bank) and adequate approval of the payments as per our grou
procedures and recording in the system
Liaises with auditors during internal and external audits
Audit financial transactions and documents
Any additional duties given by Financial Accounting Manager and CEO
Senior Accountant – Finance & Accounting since June 2015 to September 2016
On June 2 2012, Rotana Jet became the UAE's first Domestic Airline with the inauguration of services between Al-Bateen Airport (Abu Dhabi) and Sir Bani Yas Island. Rotana Jet has strengthened its commitment to improve connectivity within the United Arab Emirates by announcing the addition of Dalma Island, Fujairah and Al Ain to its route network. Additional services to Ras Al Khaimah and Sharjah has been scheduled. In the air and on the ground, Rotana Jet continues to set service standard benchmarks in terms of Safety, Quality and Customer Service.
Work Profile:
ü Posting corporate credit card transaction after verifying supporting documents and approvals. Reconcile corporate card statements with accounts.
ü Collect EBT and Go show sales report from various station, follow up receipt and reconciliation.
ü GSA Account related entries posting, issuing Debit notes for recharge expenses and fortnight reconciliation.
ü Issuing invoices for Charter flights follow up payments and posting invoices and receipts
ü Formulating monthly profitability reports, analyzing financial performance and preparing monthly MIS to the senior management.
ü Monthly analysis of the cost reports for identifying the fluctuation in the costs and reporting to the management.
ü Preparing operating cost reports for charter flight and analyzing actual cost versus Projected.
ü Preparing monthly revenue reports based on aircrafts and routs.
ü Record transactions in the books of account to ensure compliance to the manual of authority, internal policies and accounting standards
ü Coordinate periodical books closing to ensure adherence to internal policies and procedures and accounting standards
ü Perform accounting activities to ensure daily tasks are completed accurately and in a timely manner
ü Prepare the month end reports for the management team to ensure key information are communicated on time and in a complete manner
ü Collect, consolidate and analyses financial data to ensure timely and accurate cost controls in compliance with accounting standards
ü Review and approve self-service work flows pertaining to weekly and monthly claims within the agreed SLA to ensure
ü All supporting documents are received and validated prior to approve any transactions.
ü Provide comprehensive and timely responses to enquiries from employees, managers and/or other internal/external
ü Update time related data in the system to ensure availability of updated information
Finance Manager from November 2013 till May 2015
Multigolf was established in 1993 and since then has achieved a steady growth both in terms of size and profitability. In that time company have built up a reputation of being able to carefully shape the architects vision intonatural landscaped artistry with a singular commitment to excellence in all aspects of the golf course construction and Landscape projects with qualified and experienced personnel in all areas of surveying, earthmoving, shaping, drainage, irrigation, grassing. Etc.
Work Profile:
ü Overall Supervision of both Revenue and payable Accounts.
ü Fund Management.
ü Oversees financial functions to ensure that construction based financial activities comply with internal control standards and requirements.
ü Oversees budgeting and monitors construction costs based on the analysis and review of financial information. Measures and controls impact of construction projects on finances.
ü Produces thorough, accurate and timely budget and cost management reports for every construction period
ü Prepares Financial Statements with the detailed notes (Balance Sheet, Income Statement and Cash Flow Statement).
ü Monitoring Forward Sales account.
ü Verifying and checking all Revenue and expenses booked for each month.
ü Reconciling and verifying all creditors account on monthly basis.
ü Reviews all the journal vouchers / entries prepared by the Accountant with the relevant supporting documents.
ü Making provisions for expenses after verifying all expense ledgers
ü Maintaining prepaid schedule and expensing each month expenses as per schedule.
ü Checks and verifies validity of petty cash and expense claims.
ü Checks and ensures accuracy of the monthly payroll in coordination with the Human Resources department.
ü Reviews the banks’ reconciliation prepared by the Accountant before being submitted to Director of finance.
ü Manages a financial team; implements and maintains financial systems and processes on all construction projects.
ü Coordinates with the external auditors and other associated companies like Earnest & Young.
Senior Accountant from January 2009 till October 2013
Work Profile:
Coordinating the preparation of P&L Account, Bank Reconciliations & Custody Reconciliation Statements,
Portfolio Turnovers and Balance Sheet on a daily, weekly, monthly and quarterly basis.
Petty cash handling.
Processing monthly payroll for divisional staff Accounting deductions, advances & recoveries
Handling employees files to answer inquiries and provide information for personal actions.
Maintaining day book for the daily transactions of the Company.
Responsible for Cash forecasting, Managing & Monitoring bank accounts.
Provide assistance in administrating employee benefit programs and compensation plans.
Collecting and segregation of time sheets of employees for processing salary.
Compile and Prepare reports and documents pertaining to personnel activities.
Preparing sales invoices & the upkeep of an accurate accounts filing system
Investigates and recommends action associated with processing of invoices and purchase orders, i.e. discrepancies, questionable data.
Responds and interacts with suppliers' inquiries via phone or email.
Handling Cheque/cash payments and posting in to party accounts.
Preparation of Salary Advice.
Reconciliation of debtors and creditors account
Handling Payments and bank transfers
Bank reconciliation
Handling Bank dealings and clearance
Handling payments receipts of the company.
Assists in all areas of operation as requested by Management:
EDUCATIONAL CREDENTIALS
MBA Finance from Madras University, India. May 2008
Bachelor of Commerce (B.com) from Calicut University May 2005
Higher Secondary School Certification from Kerala Higher Secondary Board, India. April 2000
CERTIFICATIONS
ü Diploma in Computer Application (BITS Computer Education Kerala-India)
ü Tally 7.2 (Accounting Software)
ü Advance MS Office (Eton institute, Dubai, UAE)
ü GCC VAT COMPLAINCE DIPLOMA (ATT UK)
ü UAE Equivalency certification ( B.Com & MBA)
SEMINARS & TRAININGS
IMS Internal Auditor Course – ISO 9001, ISO 14001 & OHSAS 18001
Attended IMS Internal Auditor Course – ISO 9001, ISO 14001 & OHSAS 18001, held by Multinational Quality Consultants on the subjects such as Defining Quality, Overview of QMS, Importance of Documentation and Requirements of ISO 9001:2008. Obtained certificate for the same
Technology Summary
TALLY ERP9 - PEACHTREE – QUICKBOOKS – MS OFFICE – ALPHABYTE – RADIX
PERSONAL DETAILS
D.O.B / Marital Status / Religion: 29.04.1982 / Married / Muslim
Nationality: Indian
Languages Known: English, Hindi, Malayalam & Arabic (Reading & Writing)
Driving License: Valid UAE Driving License
Declaration:
I SHIHABUDEEN PATTASSERI I hereby declare that the above statement is true to the best of my knowledge and belief, and that I understand it is made for use as evidence in court and is subject to penalty for perjury.
Reference: Available on Request
Place: Abu Dhabi
Date:
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